(Oilandgaspress) -] VinFast today officially announced its entry into Indonesia’s e-scooter market through the signing of a Memorandum of Understanding (MoU) with strategic dealers in the country. The milestone marks a significant step in VinFast’s international expansion of its electric two-wheeler business and reaffirms the...
(Oilandgaspress) -] Transocean Ltd. and Valaris Limited announced the signing of a definitive agreement to combine the two companies under which Transocean will acquire Valaris in an all-stock transaction valued at approximately $5.8 billion (all currency in USD). The shareholding percentages of the combined...
(Oilandgaspress) -] The Volkswagen Group has reached a milestone in producing five million electric drive units worldwide. This collective achievement by the Győr, Kassel, Tianjin and Zuffenhausen plants underscores the performance capabilities of the Group-wide technology and production alliance as well as the systematic scale-up...
(Oilandgaspress) -] KBR announced it has been awarded two firm-fixed-price task orders totaling $103 million under the United States Space Force (USSF) – Decision Support for Headquarters (HQ) USSF Analysis contract. These follow on awards from the Chief Technology & Innovation Office (CTIO) will be...
(Oilandgaspress) -] Eni, together with CDP Venture Capital, invested €550,000 and announced a collaboration with the startup EXE Engineering in the field of carbon offsetting initiatives in Africa. This new investment will enable the startup to accelerate its roadmap and support the expansion of its...
(Oilandgaspress) -] Bentley Motors has today opened applications for its 2026 Apprenticeship Programme, inviting the next generation of talent to begin their careers with one of the world’s most iconic luxury automotive brands. Launching during National Apprenticeship Week, the programme offers 25 exceptional individuals the...
(Oilandgaspress) -] TotalEnergies has signed two new long-term Power Purchase Agreements (PPA) to deliver 1 GW of solar capacity – equivalent to 28 TWh of renewable electricity over 15 years – to supply Google’s data centers in Texas. The power will be generated from TotalEnergies-owned...
(Oilandgaspress) -] The President of the Republic of Congo, Denis Sassou N’Guesso, and Eni's Chief Executive Officer, Claudio Descalzi, attended today in Pointe-Noire the ceremony marking the first cargo of liquefied natural gas (LNG) from the Nguya FLNG floating facility, signaling the start-up of gas...
(Oilandgaspress) -] The Audi A5 and S3 have both received MotorWeek 2026 Drivers’ Choice Awards (DCA). The all-new Audi A5 has been honored with the MotorWeek DCA for Best Luxury Car, while the Audi S3 has been honored with the MotorWeek DCA for Best Sport...
(Oilandgaspress) -] The Chancellor of the Federal Republic of Germany, His Excellency Friedrich Merz, visited ADNOC’s Headquarters during his official visit to the UAE. The visit builds on the €14.7 billion investment to support Covestro’s long-term growth as a German industrial champion by XRG,...
(Oilandgaspress) -] U.S. Rig Count is up 5 from last week to 551 with oil rigs up 1 to 412, gas rigs up 5 to 130 and miscellaneous rigs down 1 to 9.Canada Rig Count is down 4 from last week to 228 with oil...
(Oilandgaspress) -] His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, and German Chancellor Friedrich Merz witnessed today the exchange of two Memoranda of Understanding (MoUs): one between RWE and ADNOC, and the other between RWE and Abu Dhabi Future...